The latest announcement is out from Magellan Financial Group Ltd ( (AU:MFG) ).
Magellan Financial Group Ltd has announced an update regarding its ongoing on-market buy-back program. As of April 29, 2025, the company has repurchased a total of 11,511,710 ordinary fully paid securities, with an additional 76,793 securities bought back on the previous day. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Magellan Financial Group Ltd
Magellan Financial Group Ltd is a company operating in the financial services industry, primarily focused on investment management. It provides a range of investment products and services, catering to both individual and institutional investors, with a strong emphasis on global equities and infrastructure investments.
YTD Price Performance: -33.85%
Average Trading Volume: 551
Technical Sentiment Signal: Strong Buy
Current Market Cap: €744.5M
For detailed information about MFG stock, go to TipRanks’ Stock Analysis page.